The FOMC is scheduled to commence its two-day meeting on November 1-2, 2016, and it seems like Fed officials are still unsure about its interest rate policy. Some Fed officials have a strong stance that rates should be raised in November, while others are still reluctant.

From the Tulip bubble to the financial meltdown of 2008, the theme has been the same. The masses never learn, they always cry foul on the way down but gurgle with joy on the way up. In other words, when they are making money, they are okay with the risk, but when they start to lose, they scream bloody murder.